Financials · financial year 2009, full format
Annual accounts 2009 filed on 28-06-2010 PDF all 10 filings
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€368,668▲ 1.3%
2008 · €364,067
Working capital
€49,697▲ 63.8%
2008 · €30,345
Multi-year overview
2006 to 2009, 4 financial yearsOperating result
-€20,248
▼ 21.5%
2009
20062009
Net result
€368,668
▲ 1.3%
2009
20062009
Equity
€3.4m
▲ 0.6%
2009
20062009
Total assets
€3.4m
▲ 0.9%
2009
20062009
Debt
€18,173
▲ 224%
2009
20062009
Working capital
€49,697
▲ 63.8%
2009
20062009
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line2006200720082009
Operating result-€0.01m--€0.02m▼ 63.6%-€0.02m▲ 10.7%-€0.02m▼ 21.5%
Net result€0.3m-€0.2m▼ 13.1%€0.4m▲ 46.9%€0.4m▲ 1.3%
Equity€3.4m-€3.4m▲ 0.2%€3.4m▲ 0.5%€3.4m▲ 0.6%
Total assets€3.4m-€3.4m▲ 0.4%€3.4m▲ 0.2%€3.4m▲ 0.9%
Debt€0.01m-€0.02m▲ 52.7%€0.006m▼ 65.6%€0.02m▲ 224%
Working capital€0.006m-€0.01m▲ 109%€0.03m▲ 145%€0.05m▲ 63.8%
The operating result for 2009 is a loss of €20,248, larger than the loss of €16,661 in 2008. It is the lowest result since 2006.
Balance-sheet composition
2009 in colour, 2008 as the grey bar beneath
Assets €3.4m
Fixed assets
€3.3m =
Current assets
€67,870 ▲ 88.8%
Equity and liabilities €3.4m
Equity
€3.4m ▲ 0.6%
Debt
€18,173 ▲ 224%
Debt's share of the balance-sheet total rises from 0.2% to 0.5%. Equity and debt are higher.
Key figures and ratios
Current ratio
3.73▼
2008 · 6.42
ROE
10.9%▲
2008 · 10.8%
ROA
10.8%▲
2008 · 10.8%
Debt ≤ 1 year
€18,173▲
2008 · €5,603
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2006 | 2007 | 2008 | 2009 | Change |
|---|---|---|---|---|---|
| Operating profit (loss)9901 | -€11,408 | -€18,662 | -€16,661 | -€20,248 | ▼ 21.5% |
| Recurring financial income75 | €299,004 | €266,465 | €380,895 | €389,107 | ▲ 2.2% |
| Recurring financial charges65 | €2,327 | €204 | €167 | €191 | ▲ 14.4% |
| Debt charges650 | - | €204 | €167 | - | - |
| Profit (loss) for the period before taxes9903 | €285,269 | €247,917 | €364,067 | €368,668 | ▲ 1.3% |
| Profit (loss) for the period9904 | €285,269 | €247,917 | €364,067 | €368,668 | ▲ 1.3% |
| Profit (loss) for the period to be appropriated9905 | €285,269 | €247,917 | €364,067 | €368,668 | ▲ 1.3% |
| Line | 2006 | 2007 | 2008 | 2009 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €3.4m | €3.4m | €3.4m | €3.4m | ▲ 0.9% |
| Fixed assets21/28 | €3.3m | €3.3m | €3.3m | €3.3m | = |
| Financial fixed assets28 | €3.3m | €3.3m | €3.3m | €3.3m | = |
| Current assets29/58 | €0.02m | €0.03m | €0.04m | €0.07m | ▲ 88.8% |
| Amounts receivable within one year40/41 | €3 | €41 | €37 | €3 | ▼ 91.9% |
| Cash at bank and in hand54/58 | €0.02m | €0.03m | €0.04m | €0.07m | ▲ 89.0% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €3.4m | €3.4m | €3.4m | €3.4m | ▲ 0.9% |
| Equity10/15 | €3.4m | €3.4m | €3.4m | €3.4m | ▲ 0.6% |
| Contributions10/11 | €0.8m | €0.8m | €0.8m | €0.8m | = |
| Reserves13 | €0.007m | €0.02m | €0.04m | €0.06m | ▲ 49.5% |
| Profit (loss) carried forward14 | €0.007m | €0.001m | €0.001m | €0.002m | ▲ 95.2% |
| Amounts payable17/49 | €0.01m | €0.02m | €0.006m | €0.02m | ▲ 224% |
| Amounts payable within one year42/48 | €0.01m | €0.02m | €0.006m | €0.02m | ▲ 224% |
| Trade debts44 | €0.01m | €0.02m | €0.005m | €0.008m | ▲ 49.9% |
| Line | 2006 | 2007 | 2008 | 2009 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €285,269 | €247,917 | €364,067 | €368,668 | ▲ 1.3% |
| Operating cash flow (approximation) | €285,269 | €247,917 | €364,067 | €368,668 | ▲ 1.3% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | - |
| Change in cash | - | €11,996 | €7,340 | €31,956 | ▲ 335% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (10)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2009 | full format | 28-06-2010 | 2010-23100171 | |
| 31-12-2008 | full format | 22-07-2009 | 2009-45300303 | |
| 31-12-2007 | full format | 24-07-2008 | 2008-44800084 | |
| 31-12-2006 | full format | 28-08-2007 | 2007-67100141 | |
| 31-12-2005 | full format | 24-07-2006 | 2006-49200250 | |
| 31-12-2004 | full format | 15-07-2005 | 2005-48500091 | |
| 31-12-2003 | full format | 07-09-2004 | 2004-62700201 | |
| 31-12-2002 | full format | 30-07-2003 | 2003-56302060 | |
| 31-12-2001 | full format | 06-11-2002 | 2002-70304878 | |
| 31-12-2000 | full format | 18-05-2001 | 2001-13701603 |